The worst of it could take place at the tail-end of the year, similar to the Christmas Eve meltdown of 2018. It may also come sooner. But regardless of the timing, RBC Capital Markets sees compelling reasons why another investors should remain on standby for another pullback by Dec. 31.
All of these market recoveries suffered between two and four sell-offs, ranging in severity from a 4% pullback to a 10% correction. There have been three such episodes so far in 2019, "suggesting that another would not be all that unusual," Calvasina said. "S&P 500 valuations are still extremely stretched, taking a clear turn for the worse on forward P/E recently," Calvasina said.
"At 1.16 standard deviations as of October 16th, this gauge remained above average and was close to the peaks of the current cycle," Calvasina said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Right in line with the chaos of the election cycle.
Hee. Are China investors freaking?
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Next recession: Peter Schiff says next one will outdo housing bubble - Business Insider'Bigger than the housing bubble': One market expert breaks down why the next US economic meltdown will be even worse than the last that's why... GOLD - SILVER No Shot Down Reaction on Twice Deal Ecstasy : US-CHINA & BREXIT Deal ' gREAT ' RISK ON Motives... creating non stop by Mainstream Media Prestidigitators & Talking Heads...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mozilla CMO talks privacy, data, and why it's boycotting Facebook - Business InsiderMozilla's CMO on what marketers get wrong about data, why it's still boycotting Facebook, and how it plans to eat into Chrome and Safari's share
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why brands have to figure out a way into games like Fortnite - Business InsiderContributor and former BI advertising editor Mike Shields argues that the publicity Fortnite's black-hole spectacle brings is perfect for advertisers.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why Trump helped open a Louis Vuitton workshop in rural Texas - Business InsiderTrump appeared alongside LVMH CEO Bernard Arnault 40 miles south of Fort Worth in Alvarado, Texas to open the Louis Vuitton Rochambeau Ranch. Tariffs So let me get this right, the CEO is the 3rd richest man in the world and he’s paying his workers $13/hr- - my math might be fuzzy but the workers can’t even Afford to buy the products they are expected to sell. And of course realDonaldTrump who pays No One is right by his side
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's why you should still care about the British pound - Business InsiderThe pound, commonly known as sterling, is the fourth most actively traded currency behind the US dollar, euro, and Japanese Yen.
Source: BusinessInsider - 🏆 729. / 51 Read more »